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during his press conference. with us inflation running still well above the bank s 2% target, it sjob is not yet done. i think, as anyone can see, not a single person on the committee wrote down a rate cut this year, nor do i think it is at all likely to be appropriate if you think about it. inflation has not really moved down. it has not so far reacted much to our existing rate hikes, and so we re going to have to keep at it. most officials think two more rate hikes are needed this year, starting perhaps as early as next month. wednesday s decision ushers in a new phase in the fed s battle to lower prices follows a path carved out by central banks in countries such as australia and canada, which recently announced rate hikes following a break. michelle fleury there in washington, dc. the latest decision by america s central bank comes at a time when inflation is slowing but not as quickly as the federal reserve wants it to be. earlier, i spoke to blerina uruci of t.row ....
along with analysts chuck rosenberg and lisa rubin. what can we expect based on arguments put forward in advance by both sides? reporter: to set the scene, because donald trump is here in person the security has really been ramped up. there s a much greater police presence. in terms of in the courtroom, this is a long shot for donald trump, this idea that a former president can t be prosecuted for any acts whited while serving in offense, it s belied by the fact that gerald ford pardoned richard nixon. this three-judge panel is an all-female panel with two judges appointed by president biden and one appointed by former president george h.w. bush. in addition to arguing immunity, trump lawyers are also making the argument that this produce is improper under double jeopardy. ken, i need to interrupt you because the hearing is starting. let s listen in right now. our jurisdiction was challenged by an amicus. you are not questioning our collateral order jurisdiction? ....
chair to powell made clear during his press conference with us inflation running still well above the bank? 2% target, and itsjob is not yet done. figs and its job is not yet done. as an one and itsjob is not yet done. sis anyone can and itsjob is not yet done. is anyone can see, not a single person wrote down a rate cut this year, not i think it is at all likely to be appropriate if you think about it. inflation has not really down, it has not so far reacted much to our existing rate hikes, and so we re going to have to keep at it. ~ .,, we re going to have to keep at it. most officials think two rate heights it. most officials think two rate heights are it. most officials think two rate heights are needed . it. most officials think two l rate heights are needed this year, perhaps starting as early as this month. wednesday s decision ushers in a new phase to battle prices and follows a path carved out by central banks in countries such as australia and canada whic ....
johnson. so that s coming up. it is rishi sunak speaking at the launch of tech week, technically, but we will be on watch forjohnson mentions. that s all coming up. let s hearfrom you, mentions. that s all coming up. let s hear from you, 85058 on the text, 08085 909693 on the phones. this is the nation s phone ins. and we have got the news for you with bethan. a committee of mps who ve been investigating whether borisjohnson misled parliament about lockdown parties at downing street are to finish their inquiry today and decide when it ll be published. mrjohnson resigned as an mp on friday describing the committee as a kangaroo court after he saw an advanced copy. scotland s first minister humza yousaf is facing pressure to suspend his predecessor nicola sturgeon from the snp after she was arrested. ms sturgeon was questioned as part of a police investigation into the party s finances. she was later released without charge and insists she s innocent of any w ....
an outlook for sunday. really very warm indeed and some welcome rain across western parts of the uk. yes, that alert is in force and quite a prolonged spell of warm weather. nothing exceptional in the temperature itself but many of us will absolutely love this kind of weather. some of us will really not enjoy it but i personally quite like it. thank you. and that s bbc news at ten. there s more analysis of the day s main stories on the bbc news website. the news continues here on bbc one, as now it s time to join our colleagues for the news where you are. but from the ten team, it s goodnight. remember that post brexit trade deal we were promised with america? well, today, rishi sunak and joe biden instead unveiled the washington declaration to push the envelope in their economic partnership. with the prime minister in washington, we found out how new technology and fighting climate change might define the next chapter in relations with the us. when the united states ....